Tesla - Business Case

Instructions

This is a group project, I only one doing the beginning...Intro:Provide some background and a few key events in Teslas history. Explain Teslas stock price for as far back as it goes. If the stock price has been going up over the long-term or been going down. Or if its been trading for 50 years, then you should be able to get a 50-year stock price chart.Business model: Very briefly, explain Teslas business model - how is the business unique, or different from competitors, and how do they make money? (is it high sales volume with economies of scale and low costs and efficient production, or is it high-profit margin, high-end goods that are a uniquely differentiated product.Key Problems Facing the Company:Briefly explain the companys key/most important two to four problems

Answer

Tesla Business Case Tesla is an automobile firm that is based in San Carlos, California, United States. The company was founded by Elon Musk, Martin Eberhard, and Ian Wright on July 1, 2003. The stock prices for the company do not vary significantly since it has never been profitable. The recent stock price is $408.55, which is a 52-week high. The previous stock price was $408.50, which was a 52-week low rate. The recent day low and day high prices for its stock were $404.08 and $412.45, respectively. The business model for Tesla is that the company sells its motor vehicles directly, does servicing and charging of its electric cars at a fee. The selling of cars is the main revenue model for the company. It sells the vehicles after charging a profit margin. The electric cars are sup...

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